Bulgaria says it is back on track to adopt euro in 2026

Bulgaria aims to join the Eurozone in 2026 after overcoming previous delays due to political instability and inflation exceeding membership targets. With inflation now at 3.5%, Prime Minister Rosen Zhelyazkov expects a positive convergence report from the European Commission, confirming Bulgaria’s eligibility. Despite concerns about potential price shocks and the impact on savings, Zhelyazkov reassured citizens of the state’s commitment to protect their interests, while President Rumen Radev expressed doubts about the government’s readiness for euro adoption.

Full Article